Lei Shing Hong Ltd., which runs Mercedes-Benz dealerships in Asia and Europe, is planning to relist in Hong Kong in a deal that could raise around $800 million, people with knowledge of the matter said.

The Hong Kong-based company is working with investment banks on the planned share sale, the people said. Lei Shing Hong targets to list as soon as the second half of this year, according to the people, who asked not to be identified because the information is private. Deliberations are at an early stage, and details of the offering could change, the people said.

Lei Shing Hong is preparing a return to the Hong Kong equity market a decade after being taken private in a deal valuing the company at about $1.4 billion. It was founded by late Malaysian tycoon Lau Gek Poh, whose family also controls $6.1 billion conglomerate Hap Seng Consolidated Bhd. and palm oil producer Hap Seng Plantations Holdings Bhd. Daimler AG, the owner of Mercedes-Benz, said in May it acquired 15 percent of Lei Shing Hong for an undisclosed amount.

The company hasn’t made a final decision about which businesses to include in the listing, one of the people said. A representative for Lei Shing Hong said he couldn’t immediately comment.

Any deal will add to the $17 billion raised through first-time share sales in Hong Kong last year, compared with $25 billion in 2016, according to data compiled by Bloomberg. Lei Shing Hong runs Mercedes-Benz dealerships in mainland China, Taiwan, South Korea, the U.K., Germany, Australia, Vietnam and Cambodia. It also sells Porsche vehicles in South Korea.